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, honolulu. arguing that investment is needed to grow the economy. those are big military towns. he wants to talk about infrastructure in what he talks about in the state of the union address. note that most of these markets are about military presence, so he wants potential questions about furloughs. white house is calling it a fix it first policy. the president will also revise his call for a private partnership to attract financing. third part of the plan calls for cutting red tape to get permits. >> if we upgrade our infrastructure, that'll bring even more jobs, and that's the attitude of a lot of companies all around the world. and i know you want these job-creating projects in your districts. i've seen those ribbon cuttings. all of this is designed to turn up the pressure on republicans by pushing budget consequences into share backyards. >> border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic controllers and airport security will see cutbacks. they will add hundreds of thousa
on republicans warning that our economy, jobs, lives, could be in danger, if these scheduled cuts across the board go through. but the latest numbers show if the automatic reductions take place, there will be 85 billion dollars in cuts this year. that's equal to what the government spends in nine days. even if it happens, the government is projected more than last year, so he you see, we're talking about a decrease in the increase in spending and you may be asking yourself how can we survive and live on, with just the paltry amount of spending? well, where would we look for the example? how about last year when we did it just fine? all this leading to questions about how the fallout could be so dramatic. so dire, so awful. when the total federal budget is actually increasing. chris stirewalt is our national digital news editor. how can we do it? where can we find the historical example of the surviving on a budget that's cut in this manner. oh, last year. i mean, what's the answer to that. why are the politicians, you know, chicken littling us? >> well, remember this, if there , if there
immediately afterwards. this assumption was that the economy would continue to improve or would improve. i think running and losing in 2008 was liberating for him. he found that he could be happy. we kept talking. he wanted to talk about it. we had a busy 2010 client schedule. he finally said, on election day 2010, if you cannot do anything for your client, why don't we meet? ok. we can do that. my partner and i met him. we met him in boston. that was when i got a sense that he was intending to run. >> he was serious? and he made the decision? >> yeah. >> covering the white house, he always viewed mitt romney is the face of the republican party. is that unfair? >> no. after the 2008 election, we were thinking about the future. he asked me who i thought the nominee would be in 20 20. i said, mitt romney. i knew we were heading into an economic maelstrom. i spoke earlier to a group about this opposites theory of presidential races. romney and the business background seem like the kind of person who could emerge from that. on election day, that election sort of altered my thinking. it was cle
entire economy to do so. joining me now is robert borosage, a contributing editor of the nation and codirector of the campaign for america's future. what a pleasure to have you on the show. welcome to "viewpoint." >> delighted to be with you. >> john: let's start with this, congress as we know is currently on vacation, again. have both sides sir resigned themselves or some last-minute deal to kick the can further down the road? >> i think you're going to see a lot of last-minute maneuvering and press release and press conferences but it looks pretty much like this sequester is going to take place. >> john: if the pew poll we just mentioned 76% say the president's combination of spending cuts and tax increases is the right approach versus 19% that want only spending cuts. so is it safe to say that no longer -- it doesn't really matter what the people really want? is it just about who can spin, sell their message better come election time next year? >> well, yes and it is perverse. republicans in some ways have a stake in a bad economy in 2014, they'll do better. voters tend to bl
on the economy if it were to take place. >> there were others like howard dean suggesting the president should let the sequester happen. to slice the pentagon's budget. dean telling the huffington post i'm in favor of the sequester. it's tough on things i care about a lot but the fact of the matter is you are not going to get another chance to cut the defense budget in the way it needs to be cut. white house officials disagree. as an outgoing defense secretary leon panetta who warned such deep cuts could leave america with a second rate military. you will remember republicans were furious before the election that the white house did not follow the warren act that requires employers to warn employees about the potential lay-offs. since furlough notices are only going out now, defense officials say they work at the pentagon until late april. even if the sequest starts on march 1. at the white house, ed henry. fox news. >> bret: the pentagon's budget chief says the effects of the cuts will be felt nationwide. he says the biggest potential losses will be in california, texas, georgia and virginia.
or would they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loopholes that benefit only the wealthiest americans and biggest corporations? that is the choice. are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? are you willing to have teachers laid off? or kids not have access to head-start? or deeper cuts in student loan programs? just because you want to protect a special tax interest loophole that the vast majority of americans don't benefit from. that's the choice. that's the question. and this is not an abstraction. there are people whose livelyhoods are at stake. they are communities that are going to be impacted in a negative way and i know that sometimes all of this squabbling in washington seems very abstract and in the abstract, people like the idea, you know, there must be some spending we can cut. there may be some waste out there. there absolutely is. but this isn't the right way to do it. so my door is open. i've put tough cuts and
change that perception. let's focus on a reality. by reality i mean economy of our political system. this election has its own economy. the economy as two components. one is an economy of stop, and the other is the economy of extortion. the economy of stop drives us to understand to point to the instability in our government. any system where the tiniest slice of the public dominates in the funding produces a system where a tiny number of americans can effectively block any change. it will always be that or at least almost always be that in the context where some much dependence exists on such a tiny number of participants. it is just a couple thousands who have to band together with these contributions to effectively make it possible that in our structure of separated powers you can block any change. this is an economy that depends on polarization. people point to polarization as the cause. it is an effect. it depends on the dysfunction, because the more dysfunctional the institution is, the easier it is to sell this opportunity to block. this function is the business model, which
, the strength of our economy, the strength of our moral example, after balance those things. this university has been educating and training people to understand that balance since its very beginning. i spoke this morning with a whole group of very talented young rotc students, many who are getting ready to graduate in commission on the three programs operating on the status. -- on this campus. the university has put 1079 people into the peace corps in its 51 year history. numerous people over the course of the university history have gone to work in the state department's. then we can go broader, teach for america, or the students who have trained over generations to get jag program degrees, military law degrees here. this university is so committed to that global role that we are supposed to play as citizens and to keeping those balances of strength and balance. there's really no one today on this stage in our country where exemplifies keeping those invalid better than our speaker. we're so glad to welcome here to the ground and to the commonwealth. please give a warm welcome to secretary john
that will spur a new american economy that is focused again on making and innovating and growing and manufacturing and exporting. the long-term security and absolutely dependent on managing these risks we have identified today. it is that important for this country. you all can help. one man who understands this better than most is tom daschle. i can say a lot of things about tom daschle. i can talk about his military career in the air force. i can talk about his service in the house of representatives and his extraordinary leadership in the senate. the only person to serve as a majority and minority leader. i have said a lot about this man in terms of what his counterparts thought of him. i prefer to talk about tom daschle the father and grandfather. i think you can tell the measure of a man or a woman by the children. tom has got three great kids. i had the pleasure of knowing all of them. his daughter is an award- winning journalist. his son nathan is a social entrepreneur. his daughter lindsay, my favorite -- he cannot say that -- works at usda. she did an extraordinary job o
to market, but we also have to make our economy more efficient and use less oil. >> that was president obama in an interview yesterday answering a question about rising gas prices. his response illustrates a balancing act he faces on manager issues. moving towards energy independence and also addressing climate change concerns. nothing tests that balancing act more than the decision on the keystone xl pipeline. an approval the president delayed last year due to concerns over the pipeline ae environmental impact. the keystone is back on the table. the $7 billion project would build a 2,000 mile pipeline connecting canada's oil sands to refineries in texas and the gulf of mexico delivering more than 700,000 barrels of heavy crude oil into the country every day. president obama and the state department are expected to make a decision by the end of march, but it won't be easy. last weekend tens of thousands of environmentalists took to the streets of washington in what's being billed as the largest climate rally in u.s. history. opponents of the pipeline say that the extraction of the crude oil
was president, nothing shrinks the deficit faster than a growing economy that creates good, middle class jobs. that should be our driving focus. making american a magnet for good jobs. equipping our people with the skills required to fill those jobs and making sure their hard work leads to a decent living. those are the things we should be pushing ourselves to think about and work on every single day. that is what the american people expect. that's what i'm going to work on every single day to help deliver. so i need everybody who is watching today to understand we got a few days, congress can do the right thing. we can avert just one more washington manufactured problem that slows our recovery, and bring down our deficits in a balanced, responsible way. that's my goal. that's what would do right by these first responders. that's what would do right by america's middle class and what i'm going to be working on and fighting for, not just over the next few weeks, but over the next few years. thanks very much, everybody. thank you, guys, for your service. >> you're listening to the president del
salaries. nearly three times median income of residents in the town all as the economy was tanking before their eyes. the mayor made close to $100,000 a year for a part-time job. prosecutors say that the ex-mayor knew exactly what he was doing. he and other city workers raised property taxes, hiked fees for businesses and used other shady measures to pay. the lawyer claimed the one time city leader cannot read and never graduated from grade school. a convicted killer on death row gets another peeve. reprieve. three days after the state of georgia was to execute an jen mate the supreme court is back in the mix. >>> tense moments in court as prosecutors question a woman who admits that she killed her ex-boyfriend but you says she can't remember stabbing him. oh, yeah, she remembers the shooting part but not the stabbing. the 27 stabbings. that is coming up. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't
a transition to -- there are major economies going in the direction of low carbon. we are pushing the us to go in that direction. there is opportunity for canada to diversify its economy and become low carbon. and europe, they're looking at a directive. there is an opportunity i think to view the developments. is this a momentous change that we are looking at to start driving this? what does that mean for that relationship? i think the economic growth and the job opportunities are much bigger and greater than where we would find the fossil fuels sector. >> rupert murdoch, the guy who owns fox news and the wall street journal, he tweeted against of a keystone and said that we do not need. we have cleaner, natural gas from fracking. what is the implication of this domestic boom? what crowd out the need for energy from canada? what does it mean that the u.s. is talking about being energy independent? >> it was separated into two areas. natural gas and homes. we are looking at surpluses. to say whether it will crowd canadian gas out of the u.s. market, i think you will see u.s. gas finding its way
will collapse. this is $85 billion in net of three and half trillion dollar budget in the $16 trillion economy. i would be hard-pressed to explain how cutting 85 billion -- think of it as taking 85 billion out of your allowance of $3,800. eighty-five bucks out. as not going to end things. lou: percentages are, perhaps, the easiest way to comprehend this. 2 percent, you know, is not that significant. on the other hand, it is easy to recall that rat poison is mostly of meal in most cases with 2% poison in it. 2% can be deadly and destructive in some cases determined. go ahead. >> no one should argue this is a good idea. this is, as i was quoted, a bad idea whose time has come because the worse idea is to not deal with the spending. that is the problem. and at least they are agreeing that there not going to do nothing. so it is either do real spending cuts that are real choices and really passed the senate, which we have not seen passed the house. with this. lou: at some point, and i know that you are doing your level best to try to bring rationality into the nation. >> not my fault. lou: i under
people have been coming from mexico. and part of that is the bad economy in the u.s. there's just fewer jobs. part of that is a good economy in mexico. part of it's our enforcement. and of course, drug cartels and the drug war in mexico have played a huge role. >> but james, republicans are going to have to talk about border security, border security, border security to sell the other part of this. we saw john mccain and jeff flake, the two senators from arizona, having to sort of go back and forth and back and forth and slowly move their constituents along. and the way they do that is by talking tough on the border. >> yes. and this is politics playing out. right after the election, even sean hannity said well, maybe i'm for some kind of a border thing. the people in the republican party voting in these republican primaries, they're not sold on this. and i think senator mccain found that when he went back to arizona. it's going to happen time and time again. and they do have to bring them along. >> it's going to be tough in louisiana, too, isn't it? >> very. >> mary landrieu. is mary,
're going to cut everything right now, sequestration. it's going to slow down the economy. you've got democrats -- you've got the president running around because he only knows how to do one thing, ask for higher taxes. he's leading with the taxes. we've got to raise more taxes. it's the rich, it's the corporations, tax, tax, tax. i thought we had this debate before. democrats don't seem to understand that taxing americans dampens the economy, hurts small businesses, hurts a lot of americans. republicans don't seem to understand that massive unfocused cuts right now are going to slow down the economy and hurt americans, too. >> you seriously have to wonder whether anyone in washington, in the house, in the senate, in the white house, in the administration, republican, democrat, do they ever go outdoors? do they ever see what happens every day to ordinary americans? people who have been getting crushed economically for the past 10 or 15 years are now getting crushed again, doubly so. the payroll tax has been eliminated. have you checked out the price of gasoline over the past couple of
for the economy t's not going to be good for ordinary people. but i don't know if they're going to move. >> the president did reach across the aisle this week most recently dialing up house speaker john boehner and senate minority leader mitch mcconnell yesterday. we don't know what was said in those calls, but we do know they didn't result in new meetings between the president and congressional leaders. both sides instead focusing on dominating this debate. >> democrats don't seem to understand that taxing americans dampens the economy. republicans don't seem to understand that massive unfocused cuts right now are going to slow down the economy. >> you seriously have to wonder whether anyone in washington, in the house and the senate, in the white house and the administration, republican, democrat, do they ever go outdoors? >> so the economic hammer falling at the end of the month. $85 billion in cuts. what will that mean to your wallet or your family? $619 million in cuts to the federal aviation administration which could result in major flight delays for travelers. $406 million in cu
in this town is a mind game. this is a diversion to keep you off the thought of this poor economy which generates crime. this is about crime and is trying to divert your attention away from it because they cannot create jobs. i have two quotes from people who know what they're talking about. bruce weinberg, ohio state university -- but officials can pass tougher citizen laws and take other steps to reduce crime but there are limits to how much these can do. we found that a badly premarket has a profound impact on the crime rates -- that a bad labor market has a profound impact on the crime rates. this causes more unemployment a spiral situation from which it is difficult to recover. what we need to do is create jobs, businesses. small businesses create less crime. though i walk through the valley of the shadow of death, i fear no evil because i am the meanest and fiercest person walking into the valley.[laughter] >> thank you. and a reminder of the los angeles riot.i was actually there during that time as well. you are absolutely right. that is what we saw. you are right, that most of t
their jobs. >> obama: these cuts are not smart, they are not fair they will hurt our economy, and add hundreds of thousands of americans to the unemployment rolls. >> bill: and the president pointed out this is not selective. this is sledge hammer. >> obama: congress allows this meat cleaver approach to take place it will jeopardize our military readiness. it will eviscerate jobs. >> bill: and the president said when congress adopted this, it was so bad right, that never, never, never would anybody ever believe that congress would go along with this. >> obama: the whole design of his arbitrary cuts was to make them so unattractive and unappealing the democrats and republicans would get together and find a good compromise of sensible cuts as well as closing took loopholes and so forth. >> bill: yes, of course that presumes that members of congress are responsible and smart. either one of those are true. the boals of the simpson boals, he and allen simpson were in town yesterday, and they were asked -- erskine was asked what about this kind of approach? will th
. this is "the bill press show." one week, one week to go before the sequester kicks in and this economy goes into a tailspin. thank you, john boehner. what do you say, everybody? guess what. it's a fred. ♪ alleluia. ♪ >> damn straight friday february 22nd. ♪ alleluia. >> bill: and we love fridays here at the bill press show. ♪ alleluia. ♪ >> bill: i am sure you do as well. for some of you, a short week for you rest of us we are taking a look at the big stories of the day and giving you a chance to sound off and tell us what you think about it. 866-55-press is our toll-free number. congress comes back in session next week. they don't come back until tuesday. the sequester kicks in until friday. we will see if they can get anything done. i doubt it very very much in those three days that they are here. they like the sequester. they want it to happen. they want employees to lose their job at the pentagon. they want the economy to go in a tailspin. they want headstart and the pel grants and tsa and air traffic controllers and you name it acros
then the deficit will begin to close. but all of these choices in the sequester will shrink the economy rather than grow it. and the second thing is, policy particularly president's healthcare policy, are already on the road to closing our deficit. to narrowing it and making it smaller because it is going to affect healthcare cost. >> no doubt about it. e.j., when you alluded to that in your column -- i want it read e.j. to e.j. republicans want it place as much distance between themselves and the 2012 election as they possibly can. from their perspective, the more months we put away on these dumb fake emergencies, the better. as obama's clout slowly dimirnishes, so will his opportunities to pret his priorities. there is always a little personal interaction here, e.j. >> i think is personal, and i also think it has to do with policy and ideas. because every moment we spend -- we're sitting here talking about this fake crises, and it is a fake crisis, when we aught to be talking about other things. like how do we get people back to work, raise equality, upward mobility. i think part of what is going
to a tea party on the right. and so they are--or they seem to be willing to sacrifice the nation's economy and sacrifice the other things that we all believe in and americans want like social security, medicare, education, job training, all the things we come to expect and understand is necessary along with the military. >> john: well, i recall john boehner boasting how he got 98% of what he wanted in the last deal. doesn't it seem like there is plenty of blame to go around in terms of republicans and democrats not trying to fix this problem rather than assigning blame. >> there is blame to go around all the time. but when the republicans say that the democrats and the white house have not come forward with any spending cuts, they seem to, again, going back to amnesia they seem to disregard the $1.5 trillion of spending cuts that the president has agreed to. we're going back to zero. they have an odd arithmetic. when they agree to spending cuts. they say fine and then say they want more spending cuts. they want to go after social security and medicare. that's their goal. but they don't wan
to happen. the impact on the economy would be terrible for american families. we don't want it. we think it is bad policy. it was designed to be bad policy. that was the whole point. the sequester was written in a way that would assure that congress would never let it happen. >> by putting it off, it could work to your advantage perhaps? >> i think you're misunderstanding or maybe we're not doing a good enough job trying to convince you. we support efforts in congress to buy down the sequester but they should come back and do it tomorrow or come back next week. buy it down so the sequester does not have an immediate effect and congress can get back to work and we can get that $4 trillion in deficit reduction that analysts have called for. we've been working for that. up to $2.7 trillion in deficit reduction has been achieved thus far. our deficit is coming down but we need to do more work to make sure that process continues. that's what we want, that's what the president wants. >> i have a question about cyber crime among other things. what can we expect? >> i think if you're talking a t
-frank and they add up. >> they add up and they are devastating to the opportunity in the economy and that is it liberty in the economy . that's what we want people to exercise and one of the things that made this a great and unique nation. in the book we talk about how they cross the lines and particularly from the regulatory agenciless and that just handed enormous power to a number agencies . epa and fcc and national labor relations board and the president lost last month to us in the epa case and they lost in the lrb manner . that is what he is not baking off of. i don't see a slow down in the fight for liberty that the states are carrying on for the first four years of the administration as we head in the next four. >> they are stipulative of the regulations . they say he has to step in where congress is in grid lock. we need regulations to make sure we have clean air and safe roadways, so why not? >> that is contrary to why we have a congress and senate and why we have the house. they represent us, too. and as the president tried to say to the speaker, i won, get over it the
♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez: there may be hope yet for bringing the national epidemic of obesity under control. at least, the latest numbers on calories and fast food, released today, indicated possible progress. for years, health officials have warned about americans' growing girth. now, research from the centers for disease control and prevention suggests the fight against fat may be having an effect. among the findings: american children consumed fewer calories in 2010 than a decade before-- 7% less for boys and 4% less for girls. and for adults, fast food accounted for just over 11% of the calories consumed in 2010, down from nearly 13% in 2006.
dragging down the overall economy. prices are now rising at the fastest rate since 2005. and in washington, some $85 billion in government spending cuts are due to take effect on march 1st, threatening hundreds of thousands of jobs, unless lawmakers can find a way to compromise. >>> and workers at apple, who long boasted their macs are immune to viruses, have fallen victim to the hackers that hit facebook and twitter. the attack is traced to eastern europe. apple plans to release a software update for mac users. >>> and finally, she is at it again. a dramatic, new eruption at italy's mt. etna, sending a fountain of fire. one might even call it -- >> magma. >> -- shooting into the sky. experts say she may be entering a new period of increased activity. we all want you to know how hard it was to book the tectonic plates for robin's return. to "gma." we got it done. when that crossed the wires yesterday, there was hosanna. >> josh, thanks so much. >>> oscar pistorius, back inside a south african court for the second day of his bail hearing. stunning details being released by police this morni
that massive layoffs would cripple their economies. >> we don't need to wait to see the white in their eyes to start responding because of the potential that we see. this challenge is real and real right now. >> with the deadline still nine days away there's a lot of posturing going on and no sign anyone is trying to make a deal. officials tell us there are no secret negotiations under way. one reason for that the obama administration thinks it is winning this debate and public pressure will force the republicans to give in. charlie, gayle? >> bill plante thanks. >>> also in washington cbs news political director john dickerson. john, good morning. >> good morning, charlie. >> put this thing in context for us in terms of what we are talking about and what we're not talking about. >> well you know it's a good point. step back here. what we're not talking about in this sequester is the actual long-term drivers of this deficit problem, and so as people look at this fight, which is the 900th chapter in the constant fights over the budget what's happening is a debate about dum
into the economy. now that announcement comes one day after president obama called on congress to act. >>> vice president joe biden is offering up advice on the best way to defend yourself in you with a firearm. in a facebook meeting tuesday, biden talked about the white house efforts to restrict the size of ammunition clips and other proposals. during that chashgts biden said the best thing foreprotection is a shotgun. >> put that double-barrel shotgun and fire two blasts outside the house. i promise you, whoever is coming in is not going to -- you don't need an ar-15. it's harder to aim. it's harder to use. and in fact, you don't need 30 rounds to protect yourself. buy a shotgun. >> buy a shotgun. all right. biden said he keeps two shotguns locked up at home and he's told his wife jill to use them if necessary. >>> he's been considered for a big new job but marine general allen said he's retiring. general allen just completed 19 months as top commander in afghanistan, but instead of taking the new job in europe, he'll retire to focus on helping his wife with health issues. allen was recently
on the network he will get question about the economy, the staff and figur figures. math, what are you doing about it? why would he? he wants to look good. >> greg: chuck todd was reflecting -- projecting what obama was saying. obama wasn't doing this for fear of being attacked. i think we solved something here. >> you are just like freud. >> greg: we have to take a break. important advice from vice president joe biden. >> if you want to protect yourself, get a double-barrel shotgun. buy a shotgun. >> greg: it never gets old. straight ahead on "the five." ♪ ♪ hi. hi. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. sharble data plus unlimited talk and text. now save $50 on a droid razr maxx hd by
these big problems. it creates a lot of uncertainty in our economy. >> michael: i mean that's that bully pulpit you were just referring to. the only guy who seems in charge. >> right exactly. and can you imagine what would happen if harry reid had shut down the senate and gone away for nine days, and the republican president they would have gone ballistic. the american people right now want something done. they see this president's proposal as a good, strong compromise. compromise is not a four-letter word but to these republicans it is. all it is to the american people is game playing. when you have a president that's already cut these budgets and handles the deficit by 725 trillion-dollar when he has got a plan that takes us another $1.8 trillion which includes some revenue on the richest of americans, that makes sense to people. so you know, i just think if they're going it take--if they think that they're going to drive this issue into the 2014 elections, you know, they got another think coming. >> michael: i don't understand where they go for these 2014 elections. steve israel said
out of "star wars." we'll show you. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. how do we take an unpolished room and make it shine? we get doing... ...with a store full of ways to get it done. we can all throw on our work clothes... ...and throw out any doubt. because right now's the time to take those rooms from... ..."think i can do this?" to... ..."let me show you what i just did." more saving. more doing. that's the power of the home depot. outsmart your budget with glass and stone mosaic tile, just $6.98 a square foot. bill: the air force now with a sneak-peek at the future of the weapon of war. this is an animation now. it shows these tiny unmanned drones. they are designed to look and move like birds and bugs, wow! the drones are said to be a few years away from actual use. once that technology is perfected, they could possibly be armed and capable of taking out enemies with chemicals or explosives? put a camera on board that thing? martha: convicted wife-killer drew peterson is back in a courtr
coming there. almost no matter what happens to the economy. also, construction will be huge as it recounts from the problems that have had. -- rebound from the problems it has had. also, sales jobs are coming. it looks brighter than it seems right now. host: if you would like to join the conversation with the business editor of the christian science monitor, here are the numbers. the christian science monitor shows the fastest-growing occupations, the 20 that are projected to be the fastest growth this decade. like seeing things personal-care 8, home health aide, biomedical engineers, and other careers in the medical industry. what is the difference in terms of pay? how much or how little do they pay? guest: if you look at that chart, you can see pretty visibly that there's quite a dichotomy between high paid jobs and those that are fast- growing, and then a lot of low- paid jobs. it is the metal that is getting squeezed. -- it is in the middle that is getting squeezed. for example, the fastest-growing job is the personal care aid. you're making under $20,000 per year if you
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to the bargaining table and say how are we going to stabilize our debt so it isn't growing faster than our economy can grow. that means entitlement reform. it means tax reform. everybody knows that. and we've got to get back to it. >> the president said that he's in favor of entitlement reform. he has been specific about dealing with medicare and some aspects of retirement, but has he been specific enough? i'm going to ask you about taxes in a minute, but from the president and the white house's perspective, as he put enough out there on the table to reel in the republicans and get them to negotiate seriously? >> well, i hope so. he's put some things on the table that his own troops didn't like, which is absolutely necessary. he had to do that to show that he was serious. one thing is the reform of the consumer price index, which is really a technical adjustment, but it would mean slightly lower social security benefits and other benefits going forward. now, you could offset that with other changes in the law, but it is the right thing to do. and his own troops were kind of unhappy about that, but
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